Bitcoin’s Potential Breakout: Key Levels to Watch
Bitcoin and the crypto market in general have been surging over the last week.
Bitcoin is now sitting at the $65,000 level, very close to breaking out from its descending channel.
If this breakout occurs, the next resistance level to watch is $73,000.
With market sentiment currently positive, the potential for upward momentum is strong. I would give it a 65% probability that Bitcoin will it the $73,000 before the end of 2024.
Bitcoin is now sitting at the $65,000 level, very close to breaking out from its descending channel.
If this breakout occurs, the next resistance level to watch is $73,000.
With market sentiment currently positive, the potential for upward momentum is strong. I would give it a 65% probability that Bitcoin will it the $73,000 before the end of 2024.
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